GK
HUMAN RESOURCE MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
the emigration of highly trained or qualified people from a particular country to other countries
|
|
|
draining resources of the company
|
|
|
stealing of important information
|
|
|
None of the above
|
Detailed explanation-1: -Brain drain is a slang term that alludes to the loss of human capital from one area to another or from one industry to another. Brain drain usually happens when skilled individuals and professionals leave the home countries (in most cases, developing nations) and go elsewhere to take advantage of better opportunities.
Detailed explanation-2: -Brain drain is the loss suffered by a region as a result of the emigration of a (highly) qualified person, while brain gain is when a country benefits as a consequence of immigration of a highly qualified person.
Detailed explanation-3: -Brain drain occurs when educated, professional workers leave a place or company in order to move elsewhere where they can benefit from better pay, working conditions, lifestyle and sometimes work-life balance. It is typically regarded as economically costly to the country or place the individuals are leaving.
Detailed explanation-4: -Effects of Brain Drain on the Home Country Loss of tax revenue. Loss of potential future entrepreneurs. A shortage of important, skilled workers. The exodus may lead to loss of confidence in the economy, which will cause persons to desire to leave rather than stay.